SAILFISH System to Find State-Inconsistency Bugs in Smart Contracts

A group of academics from the University of California, Santa Barbara, has demonstrated what it calls a "scalable technique" to vet smart contracts and mitigate state-inconsistency bugs, discovering 47 zero-day vulnerabilities on the Ethereum blockchain in the process.
Smart contracts are programs stored on the blockchain that are automatically executed when predetermined conditions are met

bugs smart smart contracts state system